Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Oil Taxation Manual

From
HM Revenue & Customs
Updated
, see all updates

PRT: tariff and disposal receipts - definitions of connected person

OTA83\S15(4)

The term, ‘connected person’, has the same meaning throughout OTA83 and uses the definition in ICTA88\S839.

In relation to tariff and disposal receipts, the term is relevant to the following:

  • OTA83\Sch2\Para2, consideration received by connected persons under avoidance schemes, see OT15400.

OTA83\Sch2\Para5, limit to tariff and disposal receipts where transaction between connected persons or not at arm’s length, see OT15450.

  • OTA83\Sch2\Para11, use by connected person, see OT15500.
  • OTA83\Sch2\Para12, purchase of oil at place of extraction, see OT15540.

With regard to the application of this definition to the ‘brought-in’ asset rules, see OT11700.